Our partners have been responsible for in excess of 15 million square feet of entitlement, development, leasing and sales of buildings over the past 30+ years with a valuation in excess of $3 billion. The firm’s executives are experienced in a wide array of property types, with considerable hands-on experience working at the property level. Their backgrounds include investment, management, development, finance, property management, marketing, planning and construction.
The Francis Distribution Center is the redevelopment of an existing 290,000 square foot warehouse building in to a speculative development of an 811,000 square foot distribution warehouse.
The site was acquired in venture between REDA and Alere Property Group, LLC in early 2012 and gain city approvals in September 2012.
The total project cost is expected to be in excess of $50 million with a completion scheduled for late 2013.
Douglas Park was the redevelopment of land formerly used by Boeing Aerospace. The project was a multi-phased development which included an office and industrial park. The project was capitalized by a major institutional investor.
Phase One was completed in 2009 and consisted of 9 office buildings totaling 415,000 square feet.
The total project cost was in excess of $85 million.
The Kimberly Business Center was the redevelopment of an environmentally contaminated site into a 300,000 square foot industrial business park. The project offered for sale, free standing industrial buildings and condominium units. The project was capitalized by a major institutional investor.
The project was acquired in a competition bid process and the transaction closed in less than two weeks.
Total project cost was in excess of $48 million.
Verizon Wireless Regional Headquarters was a build to suit consisting of 5 buildings, totaling 475,000 square feet in a campus setting on 29.5 acres. The project was capitalized by a private investment holding company.
The project was completed in 2000 with a total value in excess of $90 million.